TerraX assays up to 65.7 g/t gold and 4,910 g/t silver in grab samples from new mineralized structures on Eastbelt, Yellowknife City Gold project

19 July 2017

TerraX Minerals Inc. is pleased to announce the initial surface sampling results from a property wide exploration program now underway on our Yellowknife City Gold project, immediately adjacent to the city of Yellowknife in the Northwest Territories. The two areas of most significance include Angel and Duck Lake zones.

Angel: 18 samples taken from outcrop over 250 m of north-south strike, with highlights that include: 

  • 65.7 g/t Au, 289 g/t Ag
  • 30.8 g/t Au, 4,910 g/t Ag
  • 12.5 g/t Au, 1,395 g/t Ag
  • 9.81 g/t Au, 3,100 g/t Ag
  • Possible extension of the zone 1 km to the north with 10.15 g/t Au and 19 g/t Ag

Duck Lake: 30 samples taken from outcrop over 500 m of east-west strike, with sampling to the west ending at Duck Lake. Veins up to 1 metre thick in sericite schist zones, with highlights that include:

  • 20.30 g/t Au
  • 19.35 g/t Au
  • 15.15 g/t Au
  • 11.55 g/t Au
  • 11.35 g/t Au